United Airlines Explores Merger With Delta, Fails to Advance Talks
United Airlines approached Delta last year to discuss a potential merger that would have combined the two most valuable U.S. carriers, the Wall Street Journal reported. The initial outreach occurred when United Chief Executive Officer Scott Kirby called Delta’s chief executive to present the proposal.
Talks did not progress following the conversation, according to people familiar with the matter. The proposal received no follow-up action or further meetings.
From the sources (3 posts)
@wsjUnited Chief Executive Scott Kirby called Delta’s CEO to discuss a potential deal but the talks didn’t progress, according to people familiar with the matter.
@stockmktnewzUnited Airlines $UAL reportedly approached Delta Airlines $DAL about a possible merger last year - WSJ
@wsjExclusive: United Airlines approached Delta last year about a potential merger that would have combined the two most valuable U.S. carriers but talks didn’t progress